Takashi Kitahara, Mitsui & Co
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Transcript of Takashi Kitahara, Mitsui & Co
Copyright © MITSUI & CO., LTD. All Rights Reserved.
Mitsui & Co., Ltd.’s Challenge in Africa
Takashi Kitahara
SVP Africa & France
Mitsui & Co. Europe Plc.
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1. Evolution of Mitsui Office in Africa
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Algier
Casablanca
Tunis
Tripoli
Lagos
Accra
Abidjan
Douala
Kinshasa
Luanda
Windhoek
Johannesburg
Cairo
Khartoum
Addis Ababa
Lubumbashi
Nairobi
Kitwe
Dar es Salaam
Lusaka
Lilongwe
Blantyre
Harare
Maputo
1991: Peak of African Operations1954: Start of African Operations2008: TICAD IV2009: Business Call to Action2010: Re-establishment of African Strategy2012: As of Today
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2. New Target and Challenges
o Before 2010 Business heavily relying on representation of Japanese exporters
and associated trade activities
o After 2010 - New African Strategy Review of trade business, enhancement of investment Participation to mineral resources and gas & oil projects, and
investment to surrounding infrastructure projects Business to be conducted on our own together a reliable partner,
with more added value, and contribution to the nation and its people
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3. North Africa
o Morocco: Various power generation projects (Jorf Lasfar EPC contract,
Renewable Enegy) Locomotives business with ONCF (Office National des Chemins de
Fer du Maroc) Chemical products trading with OCP (Office Chérifien des
Phosphates) Partnership with French companies
o Algeria: LNG trading and
vessels business Portek port termi-
nal operations
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4. West & East Africa
o Ghana Offshore oil & gas development with Tullow Oil Power plant EPC in Takoradi (330MW) MODEC FPSO (Floating Production Storage and Offloading system)
o Equatorial Guinea LNG production
o Kenya On-going discussions in energy related business area Food & agri
chemical business
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5. Southern Africa
o South Africa Ferrochrome business JV Locomotive business
o Mozambique Area 1 gas project
• 30-60 TCF gas reserve
• LNG 5 million MT x 2 trains
• 2013 FID / 2018 Production
Potentials in power plant, gas chemicals, food & agriculture, etc. CSR:
• Solar power irrigation water pumping system in cooperation with UNDP
• Agrarian scholarship in Bilibiza area under study
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6. Path to the Futureo Mitsui’s approach towards Africa
To rebuild efficient branch network to well capture the needs in Africa. To further strengthen natural resources and infrastructure project business. To realize new project and business in the non-resource sectors, such as
food, agri-chemical, gas chemical and machinery. To promote and enhance Mitsui’s strategy through reinforcement of business
realization and contribution to the nation building.
o Partnership Mitsui enjoys good business relationship with very reliable partners such as
BP, Shell, Tullow Oil and etc in UK, and would welcome projects to expand this relationship in African countries.
Corporation between government and private sectors, such as but not limited to:
• Information exchange, sharing insight about the host country,• Joint project feasibility study in collaboration with governmental expert agencies,• Deployment of governmental finance and risk management system.
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Thank You.
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